Trendshikari PTS V1.0 - CIPLA - Long

17 Apr 2017

Buy @ CMP 576.6

Signals are generated using a proprietary indicator developed by me using Tradingview Pine Script (in.tradingview.com/script/g57JZF9v-Trendshikari-PTS-V1-0/). Key performance metrics generated from TV Backtester are published below (2007 to 2017). Original signal came few days ago but you may enter now as the price is down from the original entry value and you could take advantage of a possible upside from here.

Enter with 1/10 th of your trading capital. Exit, when I signal so in this tip page. Please post your thoughts, concerns on the system if you have any.

17 Apr 2017

Dagangan aktif

Bought @ 576.6

19 Apr 2017

Nota

Add one more position equal to 1/10th of your trading capital to your existing position at current market price of 574.25 so that your net entry price now comes down to 575.4

21 Apr 2017

Nota

Add one more position equal to 1/10th of your trading capital @ CMP 567.05. Now your entry price reduced to Rs.572.61

21 Apr 2017

Nota

Trendshikari PTS uses pyramiding strategy to reduce your entry price as market goes against your current position. This is at display on this call here.

28 Apr 2017

Nota

Exit position at today market open @ market price.

28 Apr 2017

Dagangan ditutup secara manual

Closed @ 561.95. We book a loss of 10.66 per share. Dont worry. Its the law of averages playing out. System is only accurate to 71% in this instrument as you can see in the backrest results below which means roughly 1/3 trades that you take will be at a loss. As the backtester results prove we will get back with the other 2/3 trades. Happy Trading.

28 Apr 2017

Nota